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Printable Form 80 Simi Valley California: What You Should Know

These plans, while they may offer a lower standard contribution of 6% of compensation, have lower administrative costs, and a higher payout rate. Click on each link below for detailed information and to sign up for a plan. Click on the plan name for details from your plan provider. 403(b) and 457(b) Plans — If you are a salaried teacher, you are eligible for both a 403(b) and a 457(b) plan. Both plans provide retirement benefits in the form of a tax-exempt annuity. This annuity will automatically be paid to your account each year at tax-deferred retirement age of 65 and above. There is no minimum required contribution, and you may contribute up to 5% of compensation each year. Click to learn more about 403(b) and 457(b) plans. 401(k) — If you are a salaried teacher, you may be able to participate in Simi Valley Unified's 401(k). The plan is available for teachers, custodial workers, and other classroom staff. Teachers may opt for a defined contribution plan (DBP) with a 100 matching contribution. The contributions that you make to your plan each year are non-taxable. For additional details about 401(k), click here. SVR Benefits — City of Simi Valley If you are an SVR employee you may be eligible for: • Life insurance coverage • Pensions of 1 or 2 weeks' basic pay if you are covered by a 401(k) plan • Pension benefits equal to 25-to-50% of annual salary — For more information on City of Simi Valley's benefits, please contact the City Clerk's office at. Filing and Payment for ADU All forms and handout should be completed and submitted with the filing fee attached as an attachment to the filing packet. All forms are posted and available via the following links: To file a permit application for an ADU/ADU-B, please download the Adobe Acrobat document here or in Adobe PDF format here. Download Adobe Acrobat Reader.

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